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2945 Monte Cresta Dr, Belmont, CA 94002

3 beds • 3 baths • 1970 sqft

$2,473,100

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This property looks like a bad Airbnb investment with a projected -24.32% first-year return on $537k initial cash invested.

-24.32%

Cash On Cash

0.88%

Cap Rate

0.15

DSCR

$7,680

Rent

-$10,891

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,680 income − $18,571 expenses = $10,891 out of pocket

Income$7,680Out of Pocket$10,891Mortgage P&I$12,398161%Property Taxes$1,61221%Insurance$87511%Management$1,15215%CapEx$3074%Maintenance$3074%Other$1,92025%

Investment Breakdown

|

Purchase Price

$2473k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$537k

Downpayment

20%

$495k

Closing costs

1%

$24,731

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,680

Total Expenses

$18,571

Mortgage P&I

161%

$12,398

Property Taxes

21%

$1,612

Home Insurance

11%

$875

HOA

0%

$0

Property Management

15%

$1,152

CapEx

4%

$307

Vacancy

0%

$0

Maintenance

4%

$307

Other

25%

$1,920

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